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21-21A Victoria Ter 798 SF Retail Building Alnwick NE66 1RQ $317,784 ($398.23/SF) 8.50% Cap Rate
Investment Highlights
- Easy access to the A1
- Close proximity to Alnwick town centre
Executive Summary
An excellent opportunity to acquire a well-positioned mixed-use property in the heart of Alnwick, combining a former fish and chip shop with a spacious three-bedroom duplex apartment. Located opposite a Co-op and benefiting from strong passing trade and consistent footfall, the property is ideally suited for investors or owner-occupiers seeking both commercial and residential income streams. The property is available for sale via auction with Pattinsons
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
798 SF
Building Class
C
Year Built
1963
Price
$317,784
Price Per SF
$398.23
Cap Rate
8.50%
NOI
$27,012
Tenancy
Single
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.02 AC
Parking
1 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
16’ on Victoria Terrace
Amenities
- 24 Hour Access
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Nearby Major Retailers
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21-21A Victoria Ter
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